Copic Medical Foundation
- Assets
- $22.8m
- Revenue
- $1.1m
- Investments
- $15.9m
- Employees
- 0
- Location
- Denver, CO
- Founding
- 07/1992
- Data as of
- 12/2021
- EIN
- 84-1197083
Organization Overview
Copic Medical Foundation is located in Denver, CO. The organization was established in 1992. According to its NTEE Classification (H11) the organization is classified as: Single Organization Support, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Copic Medical Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Copic Medical Foundation generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $968.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Copic Medical Foundation has awarded 25 individual grants totaling $1,696,998. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Meredith Hintze Director, Foundation | 25 | $58,000 | |
Logan Dunning Manager, Public Affa | 25 | $41,000 | |
Shelyce Foster Treasurer | 1 | $2,145 | |
Beverly Razon Secretary | 1 | $0 | |
Sophia G Meharena DO Director | 1 | $0 | |
Brian C Harrington MD Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $649,200 |
| Interest on Savings | $28 |
| Dividends & Interest | $332,936 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $102,598 |
| Capital Gain Net Income | $102,598 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,084,762 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,015 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,674 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $167,289 |
| Total operating and administrative expenses | $178,978 |
| Contributions, gifts, grants paid | $789,898 |
| Total expenses and disbursements | $968,876 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $149,983 |
| Savings and temporary cash investments | $56,708 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $592,336 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $6,606,783 |
| Total assets | $22,762,138 |
| Accounts payable and accrued expenses | $23,150 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $6,606,783 |
| Total liabilities | $6,629,933 |
Grants Awarded
Over the last fiscal year, Copic Medical Foundation has awarded $789,898 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDREN'S HOSPITAL FOUNDATION PURPOSE: FOR GENERAL PROGRAM SUPPORT | $200,000 |
Topeka, KS PURPOSE: FOR GENERAL PROGRAM SUPPORT | $187,000 |
Washington, DC PURPOSE: FOR GENERAL PROGRAM SUPPORT | $149,753 |
New York, NY PURPOSE: FOR GENERAL PROGRAM SUPPORT | $138,270 |
Denver, CO PURPOSE: FOR GENERAL PROGRAM SUPPORT | $99,875 |
ROCKY VISTA UNIVERSITY PURPOSE: FOR GENERAL PROGRAM SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Huntsman Cancer Foundation Salt Lake City, UT | $266,610,959 | $34,840,690 |
Translational Genomics Research Institute Foundation Phoenix, AZ | $24,235,369 | $3,772,453 |
Kansas Masonic Foundation Inc Topeka, KS | $26,217,851 | $1,755,972 |
Cerebral Palsy Research Endowment Association Wichita, KS | $33,739,103 | $2,585,544 |
Copic Medical Foundation Denver, CO | $22,762,138 | $1,084,762 |
Wings Of Hope For Pancreatic Cancer Research Castle Pines, CO | $147,426 | $438,027 |
Navajo Hopi Health Foundation Inc Tuba City, AZ | $9,740,178 | $592,118 |
Turner Charitable Memorial Tr Phoenix, AZ | $1,227,747 | $132,752 |
Heathers Mission Phoenix, AZ | $14,271 | $44,165 |
Cancer Services Of New Mexico Foundation Albuquerque, NM | $542,089 | $61,580 |
William C Kuzell Foundation Englewood, CO | $765,876 | $119,266 |
Iaslc Foundation Denver, CO | $0 | $0 |